Wells Fargo Alternative Asset Management LLC is a large advisory firm based in San Francisco. It manages $612.06 million of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Delaware, and 3 other states.
Wells Fargo Alternative Asset Management provides portfolio management for investment companies and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Wells Fargo Alternative Asset Management LLC is $612.06 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 2624% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Wells Fargo Alternative Asset Management LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
Daniel John Rauchle has been acting as President since 1 May 2001. Michael Edward Roman joined the executive team most recently as the Treasurer.
The principal office where Wells Fargo Alternative Asset Management LLC performs its advisory services is located at 333 Market St. 29 Th Floor, San Francisco, CA 94105 2130, which is also the mailing address of the firm. An additional office of the firm is in Los Angeles, CA. The firm also has an office outside of the United States.
You can reach the main office by calling the phone number 415-371-4000 or by fax 415-371-3052. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday.